We don’t know precisely what economist Wade “the Can-Opener” Locke is doing to earn his loonie from the Newfoundland and Labrador taxpayers.
Finance minister Jerome Kennedy hired him this year to give advice on how to manage the province’s financial mess. According to the Telegram his contract caps of his pay at $75,000 for a couple of months work. Locke says regardless he’ll only bill a dollar. That’s decent of him given that the university is giving him 80% of so of his usual paycheque now that he is on paid research leave from his usual job.
Now Locke has given the provincial government advice before on everything from Equalization to the annual budget to Muskrat Falls. We don’t know what, if anything, he got paid for those other stints, but that’s really neither here nor there. The thing is that Locke is closely tied to the current administration and . . . → Read More: The Sir Robert Bond Papers: Damn the finances! Full spend ahead! #nlpoli